Scandinavia: Men Knitwear Market 2024

Men Knitwear Market Size in Scandinavia

The Scandinavia men knitwear market rose rapidly to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Men Knitwear Production in Scandinavia

In value terms, men knitwear production expanded to $X in 2022 estimated in export price. Overall, production enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Men Knitwear Exports

Exports in Scandinavia

For the fifth year in a row, Scandinavia recorded growth in shipments abroad of men's or boys' clothing (knitted or crocheted), which increased by X% to X units in 2022. Overall, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, men knitwear exports skyrocketed to $X in 2022. In general, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Sweden (X units) represented the major exporter of men's or boys' clothing (knitted or crocheted), achieving X% of total exports. It was distantly followed by Finland (X units), making up an X% share of total exports. Norway (X units) held a little share of total exports.

Sweden was also the fastest-growing in terms of the men's or boys' clothing (knitted or crocheted) exports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) remains the largest men knitwear supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden totaled X%. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Men Knitwear Imports

Imports in Scandinavia

In 2022, overseas purchases of men's or boys' clothing (knitted or crocheted) increased by X% to X units, rising for the second consecutive year after three years of decline. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, men knitwear imports surged to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Sweden (X units) was the major importer of men's or boys' clothing (knitted or crocheted), creating X% of total imports. Finland (X units) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the men's or boys' clothing (knitted or crocheted) imports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) constitutes the largest market for imported men's or boys' clothing (knitted or crocheted) in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, men knitwear imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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